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After Facebook's IPO flub, value of tech startups falls back to earth

www.theverge.com

Excuse my French, it was a clusterfuck," Elevation Partners Roger McNamee told the audience as they nibbled their kale salads. "It’s Check out this article from CNN back in August 2004 and the GOOG IPO troubles. The market just opens and the issuing companies sell their stock directly to the market.

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